More than 1.5 billion euros in deposit inflows have trickled back to Greece in March bringing the total to more than 19 billion euros that have been returned to Greece since June last year.
Investors
India’s Snapdeal Gets $50 Million Funding from eBay and Recruit Co
India’s online retailer Snapdeal has raised funding estimated to be between $30 million and $50 million from eBay and Recuit Co of Japan.
SBI Jefferies to Invest in Series B for Panviva Pty Ltd
Panviva Pty Ltd receives Aus$4 million from SBI Jefferies Asia Fund. Leading developer of software solutions for business processing guidance, Panviva Pty Ltd, announced that it was able to obtain equity financing worth Aus $4 Million in its Series B financing round from SBI Jefferies Asia Fund.
AgBiome Raises US $14.5 million in Series A Financing
Agbiome LLC will use the raised funds from its Series A financing to finance its R&D and marketing activities.
Bright Horizons Acquires kidsunlimited
Private equity form LDC sells kidsunlimited to Bright Horizons Family Solutions. A leading global provider of child care sponsored by employers has purchased kidsunlimited for the amount of GBP 45 million.
Latest News
Serent Capital agrees to invest in Optimal Blue. Serent Capital has invested in leading mortgage technology provider, Optimal Blue. Serent Capital is a leading San Francisco-based private equity firm that focuses on investing with high growth and profitable companies.
According to MTN CEO,the company is expanding from Africa to Asia and the Middle East. The largest African mobile operator, MTN Group Ltd, is expected to spend as much as US $8 billion on acquisitions in order to increase its spending in networks that limited its earnings.
PKO BP just recently announced plans to purchase Nordea Bank Polska and is also looking into the purchase of CSOB of KBC Groupe.
The Petronas shareholdings increased after it submitted its revised offer to EPF for its shares for MISC.
The Head of the Statistics Department of the General Administration of Customs in Beijing admits providing incorrect and groundless data.
Top real estate investors listed on the EGX show slight gains as demand increase as a hedge against the upcoming inflation due to currency devaluation.
Three partners led by Nicolas Berggruen is planning to invest as much as Eur 1 billion in Portuguese properties.
Manulife purchased Kowloon East Building for HK$4.5 billion. Manulife Financial Corp has inked a deal to pay the second highest price on record for an office tower in Hong Kong.
Private equity firm, Advent International, has opened an office in China, just like other big private equity firms The Carlyle Group CVC and Bain Capital.
